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Sweden Sells Remaining Holding in Nordea Bank

State Bought Stake in Bank During Banking Crisis of 1990s

By

Charles Duxbury and

Dominic Chopping

Sept. 25, 2013 8:39 a.m. ET

STOCKHOLM—The Swedish government said Wednesday that it had sold its remaining holding in Nordea Bank AB as it sought to reduce exposure to riskier assets and pay down state debt, bringing to an end the state's involvement in the bank it rescued in the early 1990s.

The government said in a statement it had sold its 284 million ordinary shares, representing 7% of Nordea stock, for 76 kronor per share or 21.6 billion kronor ($3.37...